Capital Facts for Toronto, Canada

Toronto flagToronto is the provincial capital city for Ontario, Canada’s most highly populated province.

Toronto ranks as the global city offering the highest quality of living, the single most important variable tracked by PwC’s 2016 Cities of Opportunity Index.

More recently, Toronto was declared the world’s fourth-most liveable city by The Economist’s Global Liveability Ranking released on August 16, 2017. Toronto trailed only Melbourne in Australia, Vienna in Austria and another Canadian city Vancouver.

Ontario’s provincial capital placed second for senior citizen well-being, second for health, safety and security, number 8 for relocation competitiveness and number 15 in terms of the city’s entertainment and attractions.

An economic powerhouse, Toronto serves as headquarters for 21 Fortune Global 500 companies. Examples of these world-class businesses include food processing and distribution conglomerate George Weston Limited, Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia and Manulife Financial.

Ontario shipped C$205.4 billion worth of goods around the globe during 2016. Highest-value Ontarian exports are automobiles, nuclear reactors and machinery, gold, silver, base metals, chemicals, plastics and pharmaceuticals according to the Canadian International Merchandise Trade Database.

Toronto’s unemployment rate was 7% as of May 7, 2017 down from 7.5% in effect 12 months earlier.